US Michigan Consumer Sentiment Prel (Apr) 47.6 vs. Exp. 52 (Prev. 53.3)
The Michigan Consumer Sentiment index for April came in at 47.6, significantly below expectations of 52 and down from the previous reading of 53.3.
US is likely to approve extension of waiver allowing sales of some Russian crude as early as today, according to sources
RBNZ Governor Bremen says are targeting balanced policy that prevents inflationary pressures embedding in the economy; ready to act decisively if inflation concerns mount
US Michigan Consumer Sentiment Prel (Apr) 47.6 vs. Exp. 52 (Prev. 53.3)
US EQUITY OPEN: Indices contained into weekend US/Iran talks, as US headline CPI jumps, as expected
Massachusetts supreme judicial court says section 230 does not bar claims against Meta (META) related to the design of the social media platform
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This sharp decline suggests growing consumer pessimism, which could weigh on economic growth forecasts and raise concerns about the demand side of the economy, potentially influencing monetary policy decisions moving forward.
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